Devon Energy (DVN) Tax Rate (2009 - 2026)

Devon Energy's (DVN) quarterly Tax Rate came in at 671.43% in Q1 2026, down 69905.0% year-on-year from N/an in Q1 2025, and down 2406.91% on a QoQ basis from 26.78% in Q4 2025.

Devon Energy (DVN) Tax Rate (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has 18 years of Tax Rate data on file, last reported at 671.43% in Q1 2026.

  • On a quarterly basis, Tax Rate fell 69905.0% year-over-year to 671.43% in Q1 2026; TTM through Mar 2026 was 2.88%, a 358.0% increase from a year earlier, with the FY2025 full-year figure at 3.49%, changed N/A from the prior year.
  • Tax Rate for Q1 2026 stood at 671.43%, down from 26.78% in the prior quarter.
  • Over the last five years, Tax Rate for DVN reached as high as 28.52% in Q3 2025 and fell as low as 671.43% in Q1 2026.
  • Historically, Tax Rate has averaged 34.35% across 5 years, with a median of 14.04% in 2023.
  • Across the five-year window, Tax Rate sank 76684 bps in 2022 and jumped 5419 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 22.47% in 2022, then slumped by 277 bps to 39.88% in 2023, then tumbled by 103 bps to 80.97% in 2024, then surged by 67 bps to 26.78% in 2025, then tumbled by 2407 bps to 671.43% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 671.43% in Q1 2026, 26.78% in Q4 2025, and 28.52% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 35.09%
2 Eog Resources 74.61 Bn 70.76 Bn - 22.50%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 18.18%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 57.82%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 39.49%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 23.18%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 22.15%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -671.43%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 22.16%
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 15.40%

Historic Data

Download Data
DateValue
Mar 31, 2026 -671.43%
Mar 31, 2026 -671.43%
Mar 31, 2026 -671.43%
Dec 31, 2025 -26.78%
Dec 31, 2025 -26.78%
Dec 31, 2025 -26.78%
Sep 30, 2025 28.52%
Sep 30, 2025 28.52%
Sep 30, 2025 28.52%
Jun 30, 2025 21.54%
Jun 30, 2025 21.54%
Jun 30, 2025 21.54%
Mar 31, 2025 27.62%
Mar 31, 2025 27.62%
Mar 31, 2025 27.62%
Dec 31, 2024 -80.97%
Dec 31, 2024 -80.97%
Dec 31, 2024 -80.97%
Sep 30, 2024 24.26%
Sep 30, 2024 24.26%